Top 3 Open Enrollment Mistakes

open enrollment mistakes

Top 3 Open Enrollment Mistakes

What is the Money Date? A weekly time to check in. 3 things we review and update: 
1. Spending
 2. Earning
 3. Savings

In this week’s Money Date, we examine the three most common Open Enrollment mistakes.

  1. Not enrolled in retirement plan
    • Missed opportunity to save retirement
    • Missed opportunity to save on taxes
    • Missed opportunity to get free money (company match)
  2. Not enrolled in Disability Insurance
    • Most employers pay for it
    • Understanding coverage
    • Consider private options
  3. Not taking advantage of fringe benefits – legal group plan, pet insurance, transportation costs


Anna Sergunina
Anna Sergunina

I passionately believe that in order to live a life of fulfillment and joy, we must genuinely serve each other in any way possible. I found my mission in life to serve others via financial planning. Anna regularly writes about personal finance. Her work appears on Business Insider, Nasdaq, Nerdwallet, among others. Anna is the creator of Money Flow system.

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